Key facts
- This page summarizes Dev Ittycheria's Form 4 filing for Datadog, Inc. (DDOG).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 13 Sep 2023, 16:08.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Sale
Sale
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Shares sold pursuant to a 10b5-1 trading plan adopted on June 5, 2023. |
| F2 | Price reported is a weighted-average sales price. The shares were sold at prices ranging from $100.00 to $100.04. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F3 | Shares are held directly by LIDI 11 21 LLC (the "LLC"). The Ittycheria Family Trust (the "Trust") is the sole member of the LLC and Reporting Person is a beneficiary of the Trust. |